President Obama described the debt ceiling talks with Republican lawmakers as having occurred "in a spirit of compromise," CBS News reported on Thursday
"We discussed the various options available. We've reconfirmed the importance of completing our work and raising the debt ceiling," Obama shared with reporters.
However, the compromising nature on the part of President Obama did not appear to sit well with House Minority Leader Nancy Pelosi.
Pelosi vowed to oppose any cuts to Social Security and to Medicare that could be included in a compromise package agreed to by the White House and the Republican leadership, the Associated Press reported
President Obama assured his political allies that nothing had been agreed to currently, saying: "Nothing is agreed to until everything is agreed to, and the parties are still far apart on a wide range of issues."
But Pelosi made her position on the very well known.
“We are not going to balance the budget on the backs of seniors, women and people with disabilities,” Pelosi said at a news conference, according to the Washington Post
President Obama and Nancy Pelosi are scheduled to meet on Friday morning at the White House, as the Washington Post reported. It is believed that the Social Security and Medicare entitlement programs will be a topic of conversation at that meeting.